Polyurethane Elastomers Market Trends

  • Report ID: 2842
  • Published Date: Sep 08, 2025
  • Report Format: PDF, PPT

Polyurethane Elastomers Market Growth Drivers and Challenges:

Growth Drivers

  • Increasing Demand for Conveyors Belts - Polyurethane elastomers are the most suitable material to make conveyor belts. Moreover, polyurethane adhesives are usually used to seal the ends of conveyor belts and can be utilized in even the most delicate food applications without any problems. Therefore, higher demand for conveyor belts in bottling manufacturing, mining, agriculture, food, and industries is estimated to propel the market growth over the forecast period.

  • Growing Demand in Medical Devices- The high strength and simplicity of processing polyurethane elastomers make them the material of choice for innumerable medical devices. Polyurethanes elastomers are used in medicine since they are compatible with the human body and are also employed in medical devices such as surgical instruments.

Challenges

  • Health Hazards of Polyurethane Elastomers - To give shape to end-use products manufactured from polyurethane elastomers, the hot wire cutting method is used. During this process, vapors from the hot wire cutting can be irritating and hence in acute conditions, result in coughing. The emitted vapor is also known to contain trace amounts of toluene diisocyanate (TDI) or diphenylmethane diisocyanate (MDI), which is harmful to human health. In chronic conditions, studies showed that inhalation or overexposure to clouds of dust may cause inflammation of the lungs, fibrosis, and airway obstruction. Such factors are anticipated to hamper the growth of the global polyurethane elastomers market.

  • Poor Weatherability and Thermal Capability

  • Flammable and Utilizes Toxic Isocyanates


Base Year

2025

Forecast Period

2026-2035

CAGR

5.1%

Base Year Market Size (2025)

USD 6.24 billion

Forecast Year Market Size (2035)

USD 10.26 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of polyurethane elastomers is assessed at USD 6.53 billion.

The global polyurethane elastomers market size was valued at around USD 6.24 billion in 2025 and is projected to grow at a CAGR of more than 5.1%, reaching USD 10.26 billion revenue by 2035.

Asia Pacific polyurethane elastomers market will hold around 32% share by 2035, driven by increased consumer spending on goods requiring polyurethane elastomers.

Key players in the market include BASF SE, Dow Chemical Company, Tosoh Corporation, Argonics, Inc., LANXESS AG, Herikon, Huntsman International LLC., Trelleborg AB, Lubrizol Corporation, Covestro AG.
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